Credit: Tim P. Whitby/Getty Images Photo: Kate Hudson and Matthew Bellamy

Kate Hudson and Matthew Bellamy’s relationship has looked like the greatest rom com of all time, after dating, having a baby, and getting engaged in just a little over a year — but it seems like they might have hit a speedbump.

“Kate and Matt have been on the rocks for some time,” a source close to the Almost Famous actress tells People. “They’re not in a great place.” Yikes, sounds like things are in dire straits between these two.

Just last December, the couple and their 2-year-old son, Bingham, were Down Under in Australia for a Muse (Matt’s band) concert. After that, the fam headed to the U.K. to spend the holidays with Matt’s family — meaning poor Goldie Hawn didn’t see her lovely daughter for Christmas.

So far in 2014, Kate has been seen out and about sans her 9-carat engagement ring, though sources assure us that they “are still living together. Kate is not giving up.”

The couple, who met in April 2010 at the Coachella Music Festival in California, have been avoiding the aisle since their engagement in April 2011. Kate recently went on LIVE With Kelly and Michael and dished about when the long-awaited wedding will take place.

“I'm planning nothing right now," Kate said on the January 28 ep. "I'm so busy. We've been so busy, and it's been great. I come from an unconventional family … My parents [mother Goldie Hawn and stepfather Kurt Russell] aren't married.”

Our fingers are crossed that Kate and Matt work everything out!

Are you shocked to hear this about Kate and Matt’s relationship? Hit the comments and let us know!

Source: People

Carson Blackwelder is an Assistant Editor at Wetpaint Entertainment. Follow him on Twitter and Google+!