The New Song We Sing

I just heard this song on the radio and I love it! It's one of my favorites.

You are the God who reconciles the wayward heart through Christ The old has gone, the new has come We are reconciled by love, We are reconciled by love
And this is the new song we sing To the king of heaven This is the new song we bring After all you’ve given We stand before you redeemed As your children This is the new song we sing
We who were once so far away are brought near by Your blood The barrier has been destroyed By Your grace we freely come, by Your grace we freely come (break!)
We live in You, we live for you We live to you our king We stand in You, we stand for You We stand as your redeemed ‘Your redeemed!’ repeats second time around)