According to PEOPLE, a rep for the singer confirmed the couple, who rekindled their romance last year, is engaged. In her On the JLo newsletter, Lopez shared the news earlier this week by revealing a photograph that appears to show an engagement ring on her finger. In an email update to her fans on Friday evening (April 8), Lopez included a video that shows her admiring a huge, green diamond on her ring finger. Additionally, she teased the “major announcement” on Twitter with a video where she says "So I have a really exciting and special story to share..."

Recently, JLo told PEOPLE about why now is different in regards to her romance with the famed actor as the two were engaged in 2004 before calling it off. "We're older now, we're smarter, we have more experience, we're at different places in our lives, we have kids now, and we have to be very conscious of those things," she said. "It's a beautiful outcome that this has happened in this way at this time in our lives where we can really appreciate and celebrate each other and respect each other," Lopez added. "We always did, but we have even more of an appreciation because we know that life can take you in different directions." Lopez, 52, shares twins Emme and Max, 14, with ex-husband Marc Anthony, while Affleck, 49, shares three kids with ex-wife Jennifer Garner: Violet, 16, Seraphina, 13, and Samuel, 10.