Olivia Wilde pregnant w/ fiance Jason Sudeikis' baby [CONFIRMED]

Former Saturday Night Live cast member Jason Sudeikis and his fiancé Olive Wilde are expecting their first child together. The news of the 29-year-old actress' pregnancy came from an insider earlier this week, but reps for both stars have confirmed the reports.

"They are incredibly happy," an insider close to both Sudeikis and Wilde said. "They're very excited to welcome a new member into their family."

Olivia and Jason first met on the 2011 season finale of Saturday Night Live and started a romance about 6 months later. The couple got engaged in January of this year.

Earlier this year, Olivia opened up to Marie Claire about her first date with Jason.

"I thought, 'He won't be interested in me; I'm not a contender.' He was so cool, so funny - I was such a fan of his and had always fancied his speed and his intelligence," she explained. "He's a brilliant actor with a brain like lightening," she says. "I thought 'I'm not beautiful enough or his type.' I couldn't wait to sit down and hear him talk."

In the same interview, Wilde revealed that she "can't wait for kids." It looks like she's getting her wish!

"I'm open-minded about how many, but three, which I love, is like a little party," she said at the time. "I am not trying to have kids now - there's no strict plan for anything in my life. What happens, happens. He's so good with kids ... I've never before experienced looking at someone and thinking, 'That's who I want to raise a child with.' "

What do you think of this pregnancy news?