VeriSign, a company which provides .com and .net registration services to all registrars, has announced that it will increase .com prices by 7% and .net by 10%. Because the prices paid by registrars will go up, the added cost will be passed on to you and me.
The new prices will take effect July 1. Those looking to save money can renew their names early, however. It is possible to renew for multiple years and lock in the discount. So if you own a lot of .com domains, it would be better to renew them now and save 7% next year.