scook
There are two sources of latency, the audio interface and plug-ins with look-ahead buffers such as convolution reverbs and dynamics processors. To reduce latency, reduce the buffers used by your interface and/or remove latency inducing plug-ins until you are through tracking.
Yes. The culprit turns out to be the dynamic processor, Transient Shaper. The look-ahead was too much to handle, apparently. Thank you so much, now I can go back to finishing my projects.