Ben Bernanke, chairman of the Federal Reserve, is striving to reduce borrowing costs to spur the housing market, but those efforts are being thwarted by increasing mortgage delinquencies and a rebound in interest rates. "Housing is not going to be the engine to get us out of this recession," said Robert Eisenbeis, chief monetary economist for Cumberland Advisors. "They've squeezed a lemon and now they're trying to squeeze some more, but you can only get so much juice out of a lemon."

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