Third Son On The Way For Will Ferrell

Former Saturday Night Live star Will Ferrell, 42, and wife, Swedish actress Viveca Paulin, 40, are expecting their third son, a rep for the actor tells PEOPLE.

Will and Viveca are already parents to 5-year-old Magnus and 2-year-old Mattias. A source says that their third child is due in January.

The couple, who met in an acting class in 1995, were married in August 2000.

Congratulations to the Paulin-Ferrells!

Filed under: Expecting,Will Ferrell

Photo credit: Fame

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Congrats to them, thats great to hear. Good luck on a successful pregnancy!