Outa Yourp Blog: Fitch Rates Florida HFC’s $67MM Mortgage Revenue Bonds ‘AA’ (Business Wire via Yahoo! Finance)
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A+ is considered a good rating as it is the 5th highest out of 20 possible ratings. Spokane’s airport bonds are rated A+ and a similar set of bonds for Boise, Idaho is rated A+ by Fitch. The City of Spokane’s bond rating is AA at present, while the city of Seattle is rated AAA or AA.
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Fitch, Moody’s, and Standard & Poor’s rated Deltona bonds as "AA-" between 2013 and 2014. Fitch attributed Deltona’s small commercial sector to the city being a "largely residential and mostly built-out community", but did acknowledge the city’s improving unemployment rate, dropping from a peak of 12% in 2010 to 6.4% in June 2014.
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