Mortgage question. Stay or sell?

Mortgage question. Stay or sell? Serious inquiry. Mortgage question. 7% on $330,000. With HOA, pmi etc, paying $2800/mnth w only $200 going to principal. 1.5 years into mortgage. HCL area. Can rent our condo for $1900-$2000/mnth. Opportunity to rent/live in different place for $1200 and sell condo for $50k profit. Thought refi rates would fall sooner. Stay/wait for refi or rent...

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