Should i settle rotten my mortgage near an equity queue?

i have a 30 yr fixed mortgage currently at 6.3% it came to my attention that i can grasp a home equity line of credit to pay bad my first mortgage. the line is offering me 4.25% which is there prime plus. it lowers my pocket money almost 200 dollars a month. should i do this? and can i lock in on a rate with a home equity queue? the banker told me it is all base on prime, im a bit confused.
Answers:
All home equity loans are adjustable. The rate will go from 4% to 8% just resembling my brother's did. Don't pay off your 1st mortgage..
the equity column still uses your home as security,same as your first mortgage.You can definitely do this,but if you have your home 15 years or more,you have already paid most of the interest and this could put you more contained by debt

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