Actress spotted wearing diamond ring

Awww. This could be the cutest news we've heard all year! It looks like Kate Hudson and on-off boyfriend Owen Wilson are serious about each other this time around, after the actress was spotted sporting a massive diamond ring on her engagement finger, this weekend.

The pair met on the set of their film 'You, Me and Dupree', back in 2006 and dated for a while before splitting. Months later Owen is reported to have tried to take his life, after missing Kate so much. The pair have said to have worked out their differences and now couldn't be happier.

A source has said, "Kate supported Owen through his rough patch and it's proved to him that she's the woman he wants to be with forever."

Awww. We wish them all the luck in the world.