Title Market Intelligence Dashboard

Latest signal changes

updated Jul 29, 2026

Housing Starts rose +228, while MBA purchase applications fell -10.0. Net read is defensive — the biggest movers cut against order-volume tailwinds; expect downstream softness in 4–8 weeks. Watch Housing Starts — it's the largest mover and feeds title order volume this month.

04060100
Title Market Health Index
45

Softening

Computed from 11.5 of 13.7 weighted inputs · 2.2 excluded
  • NAHB Builder Confidence (HMI)0.60 of 12 mo
  • Redfin: Active Listings w/ Price Drop (US)0.58 of 12 mo
  • ALTA Title Premium Volume0.40 of 12 mo
  • Single-Family Mortgage Delinquency0.3quarterly
  • FNF Open Title Orders0.34 of 12 mo
  • Median Sales Price of Houses0.1quarterly
Scored 2026-07-31·Data through 2026-07-30·17 live / 4 stale / 2 missing contributors
4.5 ptsWoW+0.3 ptsMoM30d range 4550

Composite reads 45 (softening); 10-Year Treasury Yield is the largest mover (+0.23 pp).

44 live·5 stale·2 missing·51 total·17 updated in 7d

Forecast

· single mechanical model — driver contributions shown honestly
Loading projections…

Forecast Reliability

calibration scorecard

Loading…

Market Pulse

· the five we'd check first — expand Leading below for the full set
fresh
10-YR
10-Year Treasury Yield
4.67%
+0.06 pp
LEADS ratesJul 2026 · rel. Jul 30 · 1-day lag · NSA
fresh
30-YR
30-Year Fixed Mortgage Rate
6.66%
+0.08 pp
LEADS demandwk ending Jul 30 · rel. Jul 30 · 0-day lag · NSA
Building Permits
1,374
−36.0
LEADS startsJun 2026 · rel. Jul 24 · 8-wk lag · SA
fresh
MBA Purchase Apps, WoW % (SA)
-4.00
−10.0
LEADS ~4-8wkwk ending Jul 24 · rel. Jul 29 · 5-day lag · SA
fresh
MBA Composite Apps, WoW % (SA)
-6.40
−8.30
LEADS ~4-8wkwk ending Jul 24 · rel. Jul 29 · 5-day lag · SA
fresh
10-YR
10-Year Treasury Yield
4.67%
+0.06 pp
LEADS ratesJul 2026 · rel. Jul 30 · 1-day lag · NSA
fresh
30-YR
30-Year Fixed Mortgage Rate
6.66%
+0.08 pp
LEADS demandwk ending Jul 30 · rel. Jul 30 · 0-day lag · NSA
fresh
MBA Purchase Apps, WoW % (SA)
-4.00
−10.0
LEADS ~4-8wkwk ending Jul 24 · rel. Jul 29 · 5-day lag · SA
fresh
15-YR
15-Year Fixed Mortgage Rate
6.04%
+0.08 pp
LEADS demandwk ending Jul 30 · rel. Jul 30 · 0-day lag · NSA
fresh
MBA Composite Apps, WoW % (SA)
-6.40
−8.30
LEADS ~4-8wkwk ending Jul 24 · rel. Jul 29 · 5-day lag · SA
fresh
30-YR
OBMMI 30-yr Conforming (daily, via FRED)
6.67%
+0.05 pp
LEADS demandJul 2026 · rel. Jul 31 · 2-day lag · NSA
fresh
MBA Refi Index, WoW %
-10.0
−8.00
LEADS refi title ~4-8wkwk ending Jul 24 · rel. Jul 29 · 5-day lag · NSA
NAHB Builder Confidence (HMI)
No data — ingestion not yet run.
LEADS new-buildno_data
Building Permits
1,374
−36.0
LEADS startsJun 2026 · rel. Jul 24 · 8-wk lag · SA
Redfin: New Listings (US)
350,510
−4,109
LEADS supply ~4wkstalewk ending Jul 12 · rel. Jul 21 · 9-day lag · NSA
Realtor.com: New Listings (US)
463,480
−11,496
LEADS supply ~4wkJun 2026 · rel. Jul 21 · 7-wk lag · NSA
fresh
Refi Share of Apps, %
39.5
−1.70
COINCIDENTwk ending Jul 24 · rel. Jul 29 · 5-day lag · NSA
fresh
MBA Purchase Apps, YoY %
3.00
+2.80
CONTEXTwk ending Jul 24 · rel. Jul 29 · 5-day lag · NSA
Existing Home Sales (SAAR)
4,090,000
−100,000
COINCIDENTJun 2026 · rel. Jul 10 · 6-wk lag · SA
Existing-Home Months' Supply
4.60
+0.10
COINCIDENTJun 2026 · rel. Jul 21 · 7-wk lag · NSA
Existing-Home Inventory
1,560,000
−10,000
COINCIDENTJun 2026 · rel. Jul 21 · 7-wk lag · NSA
fresh
New 1-Family Houses Sold
628.0
+10.0
COINCIDENTJun 2026 · rel. Jul 26 · 8-wk lag · SA
fresh
New-Home Months' Supply
9.30
−0.10
COINCIDENTJun 2026 · rel. Jul 26 · 8-wk lag · NSA
Housing Starts
1,427
+228.0
COINCIDENTJun 2026 · rel. Jul 17 · 7-wk lag · SA
Redfin: Active Listings w/ Price Drop (US)
19.80%
COINCIDENTstalewk ending Jul 12 · rel. Jul 16 · 4-day lag · NSA
Realtor.com: Price-Drop Share (US)
18.79%
+1.33 pp
COINCIDENTJun 2026 · rel. Jul 21 · 7-wk lag · NSA
Redfin: Days on Market (US)
40.0
0.00
COINCIDENTstalewk ending Jul 12 · rel. Jul 21 · 9-day lag · NSA
Realtor.com: Days on Market (US)
53.0
+1.00
COINCIDENTJun 2026 · rel. Jul 21 · 7-wk lag · NSA
Realtor.com: Active Listings (US)
1,102,615
+43,922
CONTEXTJun 2026 · rel. Jul 21 · 7-wk lag · NSA
fresh
First American Open Title Orders (US direct ops only)
129,385
+10,781
LAGS ~2wkJun 2026 · rel. Jul 27 · 8-wk lag · NSA

Direct operations only. Agency-issued policies produce no order count anywhere, so this is not total market volume and must never be summed across underwriters. Per First American's own disclosure, their direct book disproportionately reflects the western US.

fresh
First American Closed Title Orders (US direct ops only)
96,606
+7,984
LAGS ~2wkJun 2026 · rel. Jul 27 · 8-wk lag · NSA

Direct operations only. Agency-issued policies produce no order count anywhere, so this is not total market volume and must never be summed across underwriters. Per First American's own disclosure, their direct book disproportionately reflects the western US.

Title underwriters →
fresh
Case-Shiller National HPI
335.1
+2.12
LAGS ~2mostaleMay 2026 · rel. Jul 31 · 3-mo lag · NSA
fresh
Median Sales Price of Houses
$410,700
+$2,200
LAGS 1qApr 2026 · rel. Jul 26 · 4-mo lag · NSA
Single-Family Mortgage Delinquency
1.89%
+0.10 pp
LAGS 1qJan 2026 · rel. Jul 21 · 7-mo lag · SA
ALTA Title Premium Volume
No data — ingestion not yet run.
LAGS ~3mono_data
FNF Open Title Orders
389.0
+19.0
LAGS 1qMar 2026 · rel. May 8 · 5-wk lag · NSA

Direct operations only. Agency-issued policies produce no order count anywhere, so this is not total market volume and must never be summed across underwriters.

Stewart Open Title Orders
84.7
−2.70
LAGS 1qMar 2026 · rel. May 6 · 5-wk lag · NSA

Direct operations only. Agency-issued policies produce no order count anywhere, so this is not total market volume and must never be summed across underwriters.

FNF Closed Title Orders
234.0
−16.0
LAGS 1qMar 2026 · rel. May 8 · 5-wk lag · NSA

Direct operations only. Agency-issued policies produce no order count anywhere, so this is not total market volume and must never be summed across underwriters.

FNF Fee Per File
$3,655
−$339
LAGS 1qMar 2026 · rel. May 8 · 5-wk lag · NSA
Stewart Closed Title Orders
48.6
−10.7
LAGS 1qMar 2026 · rel. May 6 · 5-wk lag · NSA

Direct operations only. Agency-issued policies produce no order count anywhere, so this is not total market volume and must never be summed across underwriters.

FNF Direct Title Premiums
$583M
−$171M
LAGS 1qMar 2026 · rel. May 8 · 5-wk lag · NSA
FNF Agency Title Premiums
$788M
−$52M
LAGS 1qMar 2026 · rel. May 8 · 5-wk lag · NSA

Agency premium. Agent premiums are remitted and recorded on roughly a one-quarter lag relative to direct premiums, so this series lags the underlying transactions by more than the filing date suggests.

FNF Escrow, Title-Related and Other Fees
$1,111M
−$550M
LAGS 1qMar 2026 · rel. May 8 · 5-wk lag · NSA
First American Agent Premiums
$658.6M
+$56M
LAGS 1qJun 2026 · rel. Jul 23 · 3-wk lag · NSA

Agency premium. Agent premiums are remitted and recorded on roughly a one-quarter lag relative to direct premiums, so this series lags the underlying transactions by more than the filing date suggests.

Stewart Agency Title Premiums
$276.142M
+$1M
LAGS 1qMar 2026 · rel. May 6 · 5-wk lag · NSA

Agency premium. Agent premiums are remitted and recorded on roughly a one-quarter lag relative to direct premiums, so this series lags the underlying transactions by more than the filing date suggests.

Fed Funds Rate
3.63%
0.00 pp
CONTEXTJun 2026 · rel. Jul 2 · 4-wk lag · NSA
Unemployment Rate
4.20%
−0.10 pp
CONTEXTJun 2026 · rel. Jul 2 · 4-wk lag · SA
Nonfarm Payrolls
158,984
+57.0
CONTEXTJun 2026 · rel. Jul 3 · 5-wk lag · SA
CPI (Headline)
332.6
−1.41
CONTEXTJun 2026 · rel. Jul 15 · 6-wk lag · SA
fresh
Core PCE (Fed Target)
130.3
+0.17
CONTEXTJun 2026 · rel. Jul 30 · 8-wk lag · SA
Core CPI (ex Food & Energy)
336.1
−0.06
CONTEXTJun 2026 · rel. Jul 15 · 6-wk lag · SA
Shelter CPI
358.4
+0.17
CONTEXTJun 2026 · rel. Jul 21 · 7-wk lag · SA
fresh
Yield Curve (10Y − 2Y)
0.45%
0.00 pp
LEADINGJul 2026 · rel. Jul 30 · 0-day lag · NSA
Producer Price Index: Corrugated & Solid Fiber Boxes
487.4
+9.76
LEADINGJun 2026 · rel. Jul 21 · 7-wk lag · NSA
Copper Price (Global, USD/MT)
13,552
+39.9
LEADINGJun 2026 · rel. Jul 14 · 6-wk lag · NSA
UMich Consumer Sentiment
44.8
−5.00
LEADINGstaleMay 2026 · rel. Jun 27 · 8-wk lag · NSA

Macro Leading Indicators

· five cross-cycle signals · not weighted into the Health Index
Yield Curve (10Y − 2Y)
0.45%
+50.0%
As of 2026-07-30 · T10Y2Y
Building Permits
1.37M
-2.6%
As of 2026-06-01 · PERMIT
Cardboard PPI
487.4
+2.0%
As of 2026-06-01 · PCU322211322211
Copper Price
$13,552
+0.3%
As of 2026-06-01 · PCOPPUSDM
Consumer Sentiment
44.8
-10.0%
As of 2026-05-01 · UMCSENT
Yield Curve (10Y − 2Y)
%
Building Permits
K units, SAAR
Cardboard PPI
index
Copper Price
USD/MT
Consumer Sentiment
index

Industry News

· HousingWire · MND · Calculated Risk · ALTA
See all news →
BellwetherBoard·Latest data refresh: Jul 31, 2026, 12:00 AM UTC·Methodology·SA = seasonally adjusted · NSA = not seasonally adjusted

Data is aggregated from public sources including FRED, MBA, NAHB, NAR, Realtor.com, and Freddie Mac. BellwetherBoard is an analytical tool, not investment advice; every tile shows its own release date and cadence so you can weigh it accordingly.