Some of the top bank money market deposit and savings products have begun changing their rates after a period of relatively flat APYs. Former market leader
ING Direct recently brought its yield up to 4.
5% from 4.
4% while new entrant
E*Loan backed off its 5.
5% APY (
to 5.
38%
APY/
5.
26% rate).
Countrywide is the new No. 1.