The latest version extends the program to home sales signed - not closed - by April 30.
Purchasers would have another 60 days to close the sale.
The credit will also be expanded to include so-called step-up buyers who have lived in their current home for at least five years.
The credit would be cut nearly 10 percent to a $7,290 cap.
Income eligibility for first-time home buyers would stay the same, but it would rise for step-up buyers to $125,000 for individuals and $250,000 for couples
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