Can I refinance my HELOC into a first mortgage to lock into a better rate?My first is paid off, my homes value is $172k,but I have a HELOC, $40k @ fixed rate of 6.90% and $49k @ variable rate of 2.74%. I plan on staying in my home for at least 10 years and would like to know if it would make sense to refinance into a mortgage or if it is even possible? May 19 2012 - US0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.