The news is reporting this morning that the U.S. House of Representatives and U.S. Senate have agreed on a compromise stimulus bill to the tune of $789 billion.  Apparently contained within that bill is a tax credit for home buyers for up to $8,000 when they purchase a home in 2009.  As soon as I learn more specifics, I’ll publish them.

In addition, the $7,500 tax credit provided to first time home buyers in 2008 no longer has to be repaid according to the news reports.   That credit issued last year was originally intended to be an interest free loan that the home buyer would eventually have to pay back once they sold their home in the future.

Here’s the Wall Street Journal story this morning.