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Money Market Interest Rates Today: April 29, 2025 – Rates At 4.89%
- The current average money market rate is 0.53% with the highest rate at 4.89%.
- Money market accounts are interest-bearing deposit accounts similar to savings accounts.
- They offer higher interest rates compared to regular savings accounts.
- When opening a money market account, it is important to compare minimum balance requirements, fees, withdrawal limits, and APYs.
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