To get the terminology right: 16, 24 and 32 are bit depth digits, 44,1 kHz, 48 kHz etc are sample rates.
Make sure your interface and MC are set to the same sample rate.
And, as mentioned above, if there are native ASIO drivers for your interface, use them. ASIO4ALL is actually not ASIO at all, it's a WDM wrapper. Then again, there's nothing wrong in using WDM driver if it works ok.
Make sure that only your audio interface is selected in MC settings, not the PC soundchip.