25,563µs (microseconds) max latency? Ouch. Yes, that will cause a problem. Overall latencies should be kept as low as possible, perhaps below 500µs.
I would see if uninstalling the graphics card drivers and reinstalling the newest set will help. DirectX is causing a huge lag. Nothing really can be done in Sonar preferences except for accessing your ASIO control panel to increase the buffer size in an attempt to counteract your system latencies.
Are you also experiencing a lot of audio dropouts and Sonar audio-engine stops? If so, then we need to get to the root of the problem, stat! If not, then perhaps you're willing to compromise and look beyond the glitchy-ness while editing so as long as the rest of the audio, production and rendering process is good to go.
Prior to my current hardware configuration, I had a Gigabyte mobo that was the absolute root cause of some HUGE latencies internal to my system. Other forums reported the same thing, though sparsely. I ended up getting a different mobo (an Asus), and my system latencies are very low.