hi-mir = this world (this place)?
seems like it should be dwelling-place.
Old Norse EtymologyAn accusative form of heimr (abode, world, land).
 Adverb heim
That's just my opinion though, on the relationship I know of between the Creator being the actual World itself.
Edited by The Puzzler, 30 August 2011 - 12:35 PM.