Is this latency occurring on a brand new, empty project, or one with plugins already on the tracks? If it has plugins, enable FX bypass and see if that helps. If it does, you have a plugin causing the latency. Find it and bypass it until you are ready to start mixing.
Regards,
Dan
Mixing is all about control. My music:
http://dancumpian.bandcamp.com/ or
https://soundcloud.com/dcumpian Studiocat Advanced Studio DAW (Intel i5 3550 @ 3.7GHz, Z77 motherboard, 16GB Ram, lots of HDDs), Sonar Plat, Mackie 1604, PreSonus Audiobox 44VSL, ESI 4x4 Midi Interface, Ibanez Bass, Custom Fender Mexi-Strat, NI S88, Roland JV-2080 & MDB-1, Komplete, Omnisphere, Lots o' plugins.