Archive for the 'Money Market Rates 101' Category

What is APY?

Here on Money Market Rates 101 we often talk about APY, annual percentage yield.  Since we through this word around a lot, I thought that it would be good to define APY so that you understand why understanding APY is important for find the best money market rates.  So, what is APY?
Why is annual percentage [...]

Welcome to Money Market Rates 101

Hello and welcome to Money Market Rates 101. Here at Money Market Rates 101 our goal is to scour the Internet to find you the best money market rates currently being offered.  Saving money in a money market account is a great way to build up your savings and earn a high rate of interest.
In [...]