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    Mary-Kate Olsen's Rumored Engagement: Candace Cameron Bure "Very Happy" for Former Full House Costar

    While Mary-Kate Olsen may be getting ready to start making a full house of her own, having reportedly gotten engaged to beau Olivier Sarkozy, her former costar Candace Cameron Bure could not be more thrilled for the pint-size fashionista.

    Speaking with E! News after last night's episode of Dancing With the Stars, the 37-year-old beauty revealed she's "very happy" for the 27-year-old designer, who's been spotted out and about rocking a vintage Cartier diamond on her wedding finger in recent weeks.

    Olsen and her banker beau were most recently seen grabbing lunch in NYC in mid-March, after which they were spotted returning to the townhouse they share in Manhattan.

    The former child star has yet to address the reports that she and Sarkozy are planning to tie the knot, much like little sister Elizabeth Olsen, who according to multiple outlets is now engaged to her boyfriend, Boyd Holbrook.

    VIDEO: Full House reunion on DWTS? Candace reveals how fans can make it happen!

    Mary-Kate Olsen, Candace Cameron Bure Dimitrios Kambouris/WireImage, Frederick M. Brown/Getty Images

    And while Cameron Bure has she has yet to speak to her former costar, she told E! News that she "knows she's very happy," which shouldn't come as much as a shock based on the bling Mary-Kate's been sporting.

    Still, a source has told E! News that Olsen is looking to "marry and settle down as quickly as possible," while Sarkozy, a divorced father of two, is on the side of a long engagement, so there's no telling when these two will tie the knot.

    Ashley Olsen's twin sister was first romantically linked to the half-brother of former French president Nicolas Sarkozy around May 2012 when they were spotted looking cozy at a New York Knicks game. And after several PDA-packed courtside appearances, it seems that these two have finally decided to take the plunge!

    Watch the clip to see what else Cameron Bure had to say about the couple!

    PHOTOS: Check out Mary-Kate Olsen and Olivier Sarkozy's romance album

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