It’s official! After weeks of speculation, Clarence House (an official royal residence) has announced that Prince Harry and Meghan Markle are engaged.

And needless to say, we are freaking out.

While not much is yet known on the details of the engagement, an official royal statement released today, November 27th, revealed that the couple became engaged “earlier this month in London,” and that the wedding is expected to take place in spring 2018.

This will be the first time a royal has married an American in almost 81 years.

Credit: Eddie Mulholland/Getty Images

The rumor mill has been in full swing for weeks following the announcement that Markle would be leaving the USA show Suits, and also that she would be moving her beloved dogs from Canada to the U.K. — all signs that a big change was afoot.

Brother Will and sister-in-law Kate Middleton also released a statement today expressing their happiness about the news:

And yes, Markle debuted the ring today while stepping out with her new, ahem, fiancé (and yes, it’s stunning):

Credit: Chris Jackson/Getty Images

See what we mean? We weren’t lying, guys. Both the ring and the couple are glowing, and we couldn’t be happier for them.

HUGE CONGRATS, GUYS! This is basically a post-Thanksgiving miracle.