Cameron Diaz and her boyfriend Benji Madden are rumored to be engaged! Congratulations to the happy couple if the news is correct!

Diaz and Madden haven’t been dating long, but this isn’t the first time that engagement rumors have popped up. In October, Diaz was seen at the Academy’s Hollywood Costume luncheon where she was said to be “showing off [a] ring and often playing with it”, according to a spy at the lunch. The following day, she was said to be showing off the ring while out to dinner with friends in Beverly Hills

The famous couple has been dating since earlier on in the year and in July, it was rumored that they’d moved in together. Now, it appears that the duo is taking their relationship to the next level. An insider close to the situation said, “Everyone thinks it’s wild, but are so happy for them. Benji always tends to fall in love easily, but this time it’s for real and he landed a great girl. They obviously both make each other incredibly happy and there’s nothing better than that.”

Another source said that Madden is more traditional than Diaz. The spy said, “She really doesn’t care about getting married but wants babies. He wants to get engaged and married first.”

Cameron Diaz and Benji Madden are engaged and according to a previous interview the actress gave to “Cosmopolitan”, she revealed that she picked someone different from previous boyfriends. She said to the publication, “Here’s the thing. You make the same mistake over and over again until you learn your lesson. We girls sometimes do the thing where we pick the same person over and over again – they look and seem different, but deep down, they’re the same. And that’s on us.”

Congratulations to Cameron Diaz and Benji Madden on their engagement after a whirlwind seven month romance. We can’t wait to see pictures of her ring. Nicole Richie has previously taken credit for setting them up and it looks like she has turned out to be quite the matchmaker.

[Photo Credit: Wikipedia]