Alec Baldwin may have just won a Screen Actor’s Guild award for his performance as Jack Fonnaghy in “30 Rock,” but he may have a bigger reason to be excited. Rumors have been flying that Baldwin and his wife Hilaria Thomas Baldwin are now expecting their first child together.

InTouch reports that sources close to the Baldwins were informed of Hilaria’s pregnancy not long ago. They report that only very close friends and family were told about the supposed pregnancy.

"Hilaria has told only really close friends and family she is pregnant, only a close circle she trusts,” an unnamed “good pal” told InTouch, adding, “[Hilaria] has not said much to anyone as far as how far along she is. She is so healthy and a yoga freak, so everyone could tell right away something was different.”

The unnamed source said the Baldwins are expecting a child, but that they are extremely excited about the prospects of a baby together.

“They are both so excited and Alec is so in love with her,” the unnamed friend said. “She says she is so in love with Alec and he tells all her friends that she is the best thing that has ever happened to him."

At the same time however, these are all still rumors.

A representative for Alec told the Huffington Post, "Our response to baby speculation over the past 18 months has remained the same -- when/if Alec and Hilaria have news they want to share, they will share it. Until then, we have no comment."

Baldwin, 54, and Thomas, 28, began dating in 2011 and were married in New York City in June 2012.