CNN is reporting that the Senate will likely extend the credit through April of 2010. In addition, they are also planning on adding a $6,500 credit for current homeowners who have lived in their current residence for at least five continuous years. If you are interested in learning more about the first time home-buyer tax credit refer to my previous blog posts 2009 First-Time Homebuyer Tax Credit and 2009 Home Buyer Credit Extension and Related Divorce Issues.
