Motivated by the strong experimental evidence in favor of the crucial role of antiferromagnetic fluctuations in copper oxide superconductors, I considered low-temperature properties of the disordered two-dimensional ferromagnets and antiferromagnets by means of the now-familiar Schwinger boson approach. The main aim of the paper was to go beyond the mean-field approximation and to derive an expression for the dynamical susceptibility \ensuremath{\chi}(q,\ensuremath{\Omega}) in the hydrodynamic region where the energies of physical excitations, which are collective modes in Schwinger boson approach, are small in comparison with the characteristic damping rate of single-particle excitations. In ferromagnets, the order parameter (magnetization) is a conserved quantity and the pole of \ensuremath{\chi}(q,\ensuremath{\Omega}) near q=0 describes a diffusion mode with \ensuremath{\Omega}=-${\mathit{iDq}}^{2}$. In antiferromagnets, the low-energy part of the spectrum involves the fluctuations of the (conserved) uniform magnetization and (nonconserved) antiferromagnetic order parameter. Correspondingly, a dynamical susceptibility near q=0 also has a pole for a diffusion mode, \ensuremath{\Omega}=-${\mathit{iDq}}^{2}$, while that near q=(\ensuremath{\pi},\ensuremath{\pi}) descibes a relaxation mode with a finite gap ${\mathrm{\ensuremath{\Delta}}}_{\mathrm{\ensuremath{\pi}}}$. The temperature variations of D and ${\mathrm{\ensuremath{\Delta}}}_{\mathrm{\ensuremath{\pi}}}$ as well as of the antiferromagnetic part of spin-lattice relaxation rate are calculated and a comparison is made with the experimental data and with the works of other authors.