Mariah Carey & Nick Cannon Engaged!

Music diva Mariah Carey and actor Nick Cannon are engaged, reports Access Hollywood.

Mariah, 38, and Nick, 27, were spotted in each other’s arms at the NYC after-party for her Tribeca Film Festival movie , Tennessee.

Ms. Carey has been sporting a new piece of bling on her ring finger.

When Nick was asked at the party what he loved about Mariah, he said, “Everything.”

Congrats to the happy couple! (If it’s true…)

Nick was previously engaged to Victoria’s Secret Angel Selita Ebanks from May to October 2007.