Tobey Maguire and his longtime love Jennifer Meyer are getting ready for their first baby. “Jennifer is pregnant,” a source tells Star. “It’s still early, so they aren’t talking about it publicly yet, but they are really happy.” Spider-Man star Tobey, 30, and Jennifer, 29, a Los Angeles-based jewelry designer and the daughter of Universal Studios executive Ron Meyer, began dating in 2003. The couple, who share a home in Los Angeles, got engaged in April, when Tobey gave her a ring from Tiffany. “Tobey said right away she was the one, and looks like he was right,” says the source.

“The big question for them now is do they get married now, before the baby is born, or do they wait so Jennifer can fit into the wedding dress of her dreams!” Tobey’s rep, Kelly Bush, told Star, “I do not comment on his private life.”